FINANCE TIP OF THE DAY:

Which loan is right for you?
It is imperative to clearly understand your immediate needs and anticipate future needs before taking out a loan, as some product features you may want could come at a cost. You also need to understand the term of your loan, if the home loan has a redraw or offset facility and, if it does, how much does it cost to use? Can you make additional repayments without penalty? Also will that home loan give you any other benefits with the lender? Let us take out all the hassle and simplify the process for you…